Bill Text: MS HB1727 | 2010 | Regular Session | Enrolled

Mississippi House Bill 1727 (Prior Session Legislation)

Bill Title: Oktibbeha County; increase authorized debt limit for certain bonds.

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Passed) 2010-05-21 - Approved by Governor [HB1727 Detail]

Download: Mississippi-2010-HB1727-Enrolled.html

MISSISSIPPI LEGISLATURE

2010 Regular Session

To: Local and Private Legislation; Ways and Means

By: Representatives Ellis, Chism, Reed

House Bill 1727

(As Sent to Governor)

AN ACT TO PROVIDE THAT ANY BONDS ISSUED BY THE BOARD OF SUPERVISORS OF OKTIBBEHA COUNTY, MISSISSIPPI, FOR THE PRIMARY PURPOSES OF REPAIRING AND EXPANDING THE COUNTY HOSPITAL SHALL BE SUBJECT TO THE TWENTY PERCENT LIMITATION ON CERTAIN INDEBTEDNESS; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. Any bond heretofore or hereafter issued by the Board of Supervisors of Oktibbeha County, Mississippi, pursuant to Section 41-13-25, Mississippi Code of 1972, and/or Section 19-9-1, Mississippi Code of 1972, shall be subject to the twenty percent (20%) limitation on indebtedness imposed by Section 19-9-5, Mississippi Code of 1972.

SECTION 2. This act shall take effect and be in force from and after its passage.